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Tuesday, December 20, 2011

Stock Upgrades and Downgrades : ZNGA, RMD, IPI, TRMK, WWWW, CVC, VRA - 12/20/11

These stocks are usually going up  or down because of brokers upgraded or downgraded .If you are looking to day trade, you might want to check out the following stocks. I usually throw these on my watch list and monitor with resistance &  support levels.You can also check previous stocks to buy reports- Right Here. 

Zynga (ZNGA), ResMed (RMD), Intrepid Potash (IPI), Trustmark (TRMK), Web.com (WWWW), Cablevision (CVC), Varian Medical (VRA) were upgraded or downgraded by analysts.

Zynga (ZNGA) initiated with a Buy at Lazard Capital Target $12.

ResMed (RMD) upgraded to Strong Buy from Buy at Feltl.Feltl upgraded ResMed based on valuation. Price target is $35.

Intrepid Potash (IPI) upgraded to Outperform from Sector Perform at Scotia Capital Price target $28.

Trustmark (TRMK) initiated with a Buy at BB&T Target $25.

Targacept (TRGT) downgraded to Market Perform from Outperform at Leerink.Leerink downgraded Targacept after the company announced a second failed depression treatment study. The firm lowered its target range for shares to $6-$7.

Web.com (WWWW) initiated with an Overweight at JP Morgan Target $18.

Cablevision (CVC) downgraded to Neutral from Buy at BTIG.

Varian Medical (VRA) initiated with an Above Average at Caris Target $72. 

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